I was thinking the same thing Ethan.
If CRWD were to capture 24% of s $25B TAM and become a mature company, shouldn’t the market cap be roundabouts:
24% x $25B x 66% (gross margin) x 15 (P/E) = $60B.
So with a current market cap of $12B this should be a 5-bagger in a few years.
Sorry if I’ve got this wrong as I’m a bit of a newbie at this.
This definitely looks like a Saul stock, though, and I would be surprised if it does not appear in his June summary.